Posts Tagged “Vitamin Water”
windfalls
Also in the Forbes 100 was the first mainstream-media cite of the money 50 Cent received as a result of Coca-Cola's buyout of Glaceau, the company that manufactures Vitamin Water—and while it's still a big number, it's not as huge as the $400 million estimates that were floating around out there. So you don't have to cripple your computer with the annoying autoplay video that's on every page of the feature (Yay, bad Web design!), here's the relevant passage:
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How The "50 Cent Made $400 Million From Vitamin Water" Rumor Became This Week's Biggest Rumor In The World
Artist: 50 Cent
Project: A $400 million windfall from the sale of Glacéau, the company that makes the punch-with-a-kick beverage line Vitamin Water, which counts the 50-branded "Formula 50" among its flavors.
First mention: Coca-Cola announced that it had bought Glacéau for $4.1 billion dollars broke on Friday—the same day the news that 50's forthcoming album Curtis had been pushed back to September (from its original July release date) hit the blogs.
The Build-Up: Shortly after the Curtis news broke, a 50-related item on AllHipHop appeared, and it contained a claim that 50 had little reason to worry; even though his tired sex metaphors weren't catching on with audiences, he was still going to make a lot of money—50 apparently owned a 10% stake in the company, and that he would net a cool $400 million from the deal. The news got picked up by a bunch of news agencies, and news of Curtis' woes seemed less important in the purplish-tinted light of this huge payday. More »
Project: A $400 million windfall from the sale of Glacéau, the company that makes the punch-with-a-kick beverage line Vitamin Water, which counts the 50-branded "Formula 50" among its flavors.
First mention: Coca-Cola announced that it had bought Glacéau for $4.1 billion dollars broke on Friday—the same day the news that 50's forthcoming album Curtis had been pushed back to September (from its original July release date) hit the blogs.
The Build-Up: Shortly after the Curtis news broke, a 50-related item on AllHipHop appeared, and it contained a claim that 50 had little reason to worry; even though his tired sex metaphors weren't catching on with audiences, he was still going to make a lot of money—50 apparently owned a 10% stake in the company, and that he would net a cool $400 million from the deal. The news got picked up by a bunch of news agencies, and news of Curtis' woes seemed less important in the purplish-tinted light of this huge payday. More »








